Regent, The_Property for Sale
Regent, The_Property for Sale
2750 Millerville Rd, Baton Rouge, LA, 70816-0100, US

Regent, The

Asset description

Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in The Regent (the “Property”), a very well-positioned Class A asset with highly attractive below market assumable debt. Located in Baton Rouge, the 318-unit community with value-add potential enjoys an outstanding positioned nearby Ochsner Medical Center and Interstate-12 allowing residents to quickly move about the city and ease access to other economic drivers such as Louisiana State University, the headquarters of Turner Industries with 10,000 Baton Rouge employees, as well as other medical centers such as Lady of the Lake Medical Center and Woman’s Hospital. The Property was built by the current owner and is exceptionally well-maintained having received all new roofs and paint within the last few years. Completed in 2007, The Regent is an exceptional value add opportunity through implementing interior improvements.

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Attributes

Number of units
318 units
Occupancy
95%
Year built
2007
Building area net
29,235 sm
Land area net
6.77 ha

Media

Investment highlights

COMMUNITY FEATURES:

· Swimming pool with sun deck

· 5,000 SF, 24-hour fitness center

· Playground

· Business center

· Resident lounge

· Nature trail surrounding property

· Internet café

· Outdoor living space

· Car care center

· Covered parking

· Garages


UNIT FEATURES:

· Stainless steel appliances

· Granite countertops

· Custom cabinetry

· Wainscoting in dining room

· 9’ ceilings

· Washer/dryer sets included in all units

· Brushed nickel finishes

Regent, The 4_Property for Sale
Regent, The 4_Property for Sale

Contact brokers

Regent, The (0 Properties)

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Last updated
Mar 21, 2024